Frankly I used to be on BP a lot, then when I started doing syndication, no one discussed much about syndication on BP so I just went to other places to learn.

I would say the condition and age of the property would have a lot of sway in your decision for whether or not it's worth it.

Not much in terms of online reviews as far as I can tellI invested in a lot in Colombia a few years ago and have yet to see a payout as illustrated in their initial pro forma on my $30K investment.

A lot of my friends started RE investing that way.

The reality is a lot harder than some books make it sound like.

There's a lot of work for labor in the area.  

If you are able to manage it yourself, I think you will get a lot of very helpful education in real estate by spending a least a year or two doing that.You'll be able to work with property managers a lot better if you've done the work yourself for a bit, and it also helps to get familiar with the various laws and regulations you have to comply with as the owner, even if you do have a property manager in place (e.g., the new RI rental registry and associated lead paint inspections/certificates).It's up to you whether you're able to do it, but I think you'll get a lot out of the experience if you can try it for a year or two.

I don't adjust my photos a lot except for redesigns.

Or the developer can close on the land at risk but they have a lot of capital when that's the case.  

The tax benefits refer to the tax deductions from mortgage interest and property tax.The returns mainly rely on appreciation, and the cash flow only improves in the last few years, also depending on securing the 5% refinance rate.I've learned a lot from this forum, but as I start to operate on my own, I'm still not completely confident.